Lyondellbasell Industries N (LYB) Holding Has Boosted by Soroban Capital Partners Lp

July 17, 2017 - By Richard Conner

Investors sentiment decreased to 0.97 in 2016 Q4. Its down 0.01, from 0.98 in 2016Q3. It is negative, as 67 investors sold LYB shares while 252 reduced holdings. 95 funds opened positions while 214 raised stakes. 287.04 million shares or 7.45% more from 267.14 million shares in 2016Q3 were reported. Smith Salley And Assoc holds 1.36% in LyondellBasell Industries NV (NYSE:LYB) or 75,994 shares. Bb&T has invested 0.03% in LyondellBasell Industries NV (NYSE:LYB). Schroder Mngmt Gp has 2.34 million shares. Keybank Association Oh stated it has 0.13% of its portfolio in LyondellBasell Industries NV (NYSE:LYB). Obermeyer Wood Counsel Lllp holds 121,545 shares. Ray Gerald L Associates Limited has invested 0.03% in LyondellBasell Industries NV (NYSE:LYB). Creative Planning invested in 0% or 7,490 shares. Seizert Cap Ptnrs Limited Liability Co holds 0.35% in LyondellBasell Industries NV (NYSE:LYB) or 113,424 shares. Caprock Gru invested in 0.18% or 8,377 shares. Tarbox Grp has 0% invested in LyondellBasell Industries NV (NYSE:LYB). Segment Wealth Management Lc, a Texas-based fund reported 31,172 shares. Atwood And Palmer Inc holds 3.09% of its portfolio in LyondellBasell Industries NV (NYSE:LYB) for 200,270 shares. Deutsche National Bank & Trust Ag holds 0.23% of its portfolio in LyondellBasell Industries NV (NYSE:LYB) for 3.35 million shares. 21,101 are owned by Commonwealth Equity Ser Incorporated. Tiaa Cref Fsb Mo, a Missouri-based fund reported 94,915 shares.

Since February 7, 2017, it had 0 buys, and 7 selling transactions for $705.68 million activity. AI New Holdings 2 LLC sold $12.44 million worth of stock or 139,617 shares. 14,769 shares valued at $1.39M were sold by Wolf Jacquelyn H on Monday, February 20.

Eric W. Mandelblatt increased its stake in Lyondellbasell Industries N (LYB) by 126.16% based on its latest 2016Q4 regulatory filing with the SEC. Soroban Capital Partners Lp bought 3.15M shares as the company’s stock declined 12.71% while stock markets rallied. The hedge fund run by Eric W. Mandelblatt held 5.65 million shares of the major chemicals company at the end of 2016Q4, valued at $485.00M, up from 2.50 million at the end of the previous reported quarter. Soroban Capital Partners Lp who had been investing in Lyondellbasell Industries N for a number of months, seems to be bullish on the $34.66B market cap company. The stock decreased 0.26% or $0.22 on July 17, reaching $85.65. About 1.23M shares traded. LyondellBasell Industries NV (NYSE:LYB) has risen 0.33% since July 17, 2016 and is uptrending. It has underperformed by 16.37% the S&P500.

Soroban Capital Partners Lp, which manages about $10.82B and $16.33 billion US Long portfolio, decreased its stake in Anheuser Busch Inbev Sa/Nv (Call) (NYSE:BUD) by 2.56 million shares to 6.25 million shares, valued at $659.00 million in 2016Q4, according to the filing. It also reduced its holding in Apple Inc (Call) (NASDAQ:AAPL) by 4.31M shares in the quarter, leaving it with 2.19 million shares, and cut its stake in Mastercard Incorporated (Call) (NYSE:MA).

Another recent and important LyondellBasell Industries NV (NYSE:LYB) news was published by Nasdaq.com which published an article titled: “First Week of August 18th Options Trading For LyondellBasell Industries (LYB)” on June 26, 2017.

LyondellBasell Industries NV (NYSE:LYB) Ratings Coverage

Among 18 analysts covering LyondellBasell (NYSE:LYB), 6 have Buy rating, 3 Sell and 9 Hold. Therefore 33% are positive. LyondellBasell had 39 analyst reports since September 1, 2015 according to SRatingsIntel. Susquehanna maintained it with “Positive” rating and $100 target in Friday, August 26 report. The company was maintained on Friday, June 16 by Jefferies. The company was maintained on Monday, April 18 by Citigroup. RBC Capital Markets maintained it with “Sector Perform” rating and $95 target in Monday, February 6 report. As per Thursday, July 13, the company rating was maintained by Cowen & Co. Nomura maintained it with “Neutral” rating and $85 target in Monday, July 11 report. The stock has “Hold” rating by RBC Capital Markets on Thursday, July 13. The stock of LyondellBasell Industries NV (NYSE:LYB) earned “Underweight” rating by Atlantic Securities on Tuesday, April 5. On Monday, June 27 the stock rating was downgraded by RBC Capital Markets to “Sector Perform”. As per Monday, October 12, the company rating was downgraded by Macquarie Research.

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